Ember raises $17.4m in round led by PayPal co-founder, according to Short Term Rentalz

From Short Term Rentalz:

US: Real estate proptech company Ember has raised $17.4 million in a financing round led by venture capitalist Peter Thiel, a co-founder of PayPal and early investor in Facebook.

The firm aims to reimagine the vacation home experience through co-ownership powered by technology, management, and concierge services, developing a streamlined technology platform for buying and owning luxury vacation property.

Pando Ventures also participated in the funding round, along with prior investors such as Todd Pedersen [former founder and CEO of Vivint Smart Homes], Ryan Woodley [former CEO of Progressive Leasing], and Curt Doman [founder and chief innovation officer of Proggressive Leasing].

Ember is built on four core pillars:

Continue reading Ember raises $17.4m in round led by PayPal co-founder on Short Term Rentalz

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